1542 S Alabama Street, Indianapolis, IN 46225

$324,900
4
BD
4
BA
2,899
SqFt

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List Price
$324,900
Price Change
▼ $15,000 1780706083
MLS#
22102598
Property Type
Residential
Bedrooms
4
Bathrooms
4
Sqft. of Residence
2,899
Year Built
1900
Days on Market
74
Status
ACTIVE

Property Description

Seller Financing Available! No traditional bank approval required. Buyers must provide a down payment and proof of income. Terms, including interest rate and repayment schedule, will be determined based on the buyer's qualifications and down payment. Don't miss this excellent opportunity in the heart of the historic Bates-Hendricks neighborhood! Located in the heart of the highly sought-after Bates-Hendricks neighborhood, this beautifully appointed 2-story home offers the perfect blend of historic charm, modern comfort, and unbeatable convenience to downtown Indianapolis. Featuring over 2,300 square feet of living space, this spacious residence includes 4 bedrooms and 3 full bathrooms, plus a half-bathroom on the main level, designed for comfortable living and entertaining. The main-level primary suite provides exceptional convenience and privacy, complete with a stunning ensuite bath that creates the perfect retreat. Upstairs, you'll find two generously sized bedrooms, each offering their own private full bathroom - ideal for room mates, guests, family members, or multi-generational living. Step outside to enjoy the large private wooden rear deck overlooking the fenced backyard with a wooden privacy fence, providing a secure space for children or fur babies to play. The detached 2-car garage includes built-in shelving and a workbench for the DIYer, while the gated rear access adds both convenience and security. Enjoy one of Indianapolis' most desirable urban lifestyles with an approximately 8-minute bike ride to Eli Lilly and Company World Headquarters and only minutes from Monument Circle and all that downtown Indianapolis has to offer. Don't miss this rare opportunity to own a beautiful home in one of Indianapolis' most historic and vibrant neighborhoods!

Additional Information

Basement
Unfinished
Foundation
Partial
Stories
Two
Architecture
Craftsman
Interior
Walk-In Closet(s)
Acres
0.12
Heat
Natural Gas
Cooling
Central Air
Financing
Contract, Conventional, FHA, VA, SeeRemarks
Appliances
Dishwasher, Electric Water Heater, Disposal, Microwave, Gas Oven, Refrigerator, Washer, Water Heater
Semi-Annual Taxes
$1,662
Garage
Yes
Region
Center
Areas
Bedroom Other on Main
Eating Areas
Dining Combo/Kitchen

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Indy Metro Partners.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative